Jambo x Injective
Highlights:
Jambo x Injective brings Injective’s ecosystem of DeFi applications to emerging markets through the JamboPhone, creating a seamless mobile-first experience to bring new users onchain
Injective’s low cost chain combined with Jambo’s reach in 120+ countries makes savings, payments, lending, and more functions readily accessible
The Challenge: Lack of Financial Accessibility Globally
Outside of major markets, financial systems are controlled by a select few in each country which makes it difficult for many to access basic financial services. In Brazil for example, personal unsecured loans cost upwards of 200% APR. In Mexico, roughly 40 million people do not have bank accounts.
The Solution: Financial Services Through DeFi
Injective is a lightning-fast interoperable layer one blockchain optimized for building the premier Web3 finance applications. Injective provides developers with powerful plug-and-play modules for creating unmatched dApps. INJ is the native asset that powers Injective and its rapidly growing ecosystem.
With Jambo’s game changing smartphone and Injective’s diverse features, participation in the digital economy becomes more accessible, democratized, and financially equitable.
The JamboApp serves as the vehicle for delivering a suite of partner apps through the JamboPlay dApp store—notably Ninji, the leading wallet on Injective.
Words From Injective:
"Injective’s collaboration with Jambo demonstrates Injective’s commitment to bringing equitable access for financial services globally, employing the borderless reach of Web3 and blockchain,” said Mirza Uddin, Head of Business at Injective Labs. “Combining Injective’s robust infrastructure stack with Jambo’s mature Web3 mobile technology will enable us to efficiently scale DeFi to the point where it can tangibly help billions of people overcome socioeconomic hurdles. Injective’s mission envisions a world where tasks like making loans, transferring money internationally, and managing stock portfolios beyond the confines of a bank or investment firm is an option for anyone.”
